Please Help: service tax
Posted Date : 25-Apr-2011 , 11:01:14 am | Posted By hridesh kumar pachauri
how calculate service tax for advertisement agency .
Category : Service Tax | Answers : 5 | Comments : 4 | Hits : 664
Answers
Answer By: Anjali Arora
10% on invoice value + (Ed.cess & SHEC) 3% On Service Tax.
Answer By: PRIYANKA
Yes, It is 10.3% of the value of service provided. ( 10% service tax, 2% education cess and 1% senior and higher education cess ).
Answer By: Mrattunjay
NO difference in calculation 10+ 2% Of 10% + 1 % OF 10%
Answer By: Anmol Goyal
same answer
Answer By: Anmol Goyal


Comments
CA. MANISH MALHOTRA
26-Apr-2011 , 01:38:16 amserice tax charged at the rate of 10% on invoice value + Ed.cess & SHEC 3% On Service Tax.
CA. ASHISH GARG
29-Apr-2011 , 05:37:35 amagree with anita & manish.
krishna Gupta
10-May-2011 , 05:47:31 amcharged service tax at the rate 10.3%
Rohit Dhingra
21-Jun-2011 , 05:10:03 amIf service tax included in invoice amount, then service tax is-: Invoice Amount/110.3 * 10.3 . If not included then, 10.3% of Invoice Amount.